AMETEK, Inc. is a global provider of industrial technology solutions serving a diverse set of niche markets. Co.'s segments include Electronic Instruments (EIG) and Electromechanical (EMG). The EIG segment manufactures advanced instruments for the process, power and industrial, and aerospace markets. It provides process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries. The EIG segment also provides instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets.
When researching a stock like AMETEK, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from AME Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for AME stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the AME 200 day moving average ("AME 200 DMA"), while one of the most popular "shorter look-backs" is the AME 50 day moving average ("AME 50 DMA"). A chart showing both of these popular moving averages is shown on this page for AMETEK. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the AME 200 DMA and the AME 50 DMA, we get a moving average convergence divergence indicator ("AME MACD"). The AME MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis